Post Utme Crawford University 2024 Economics Question 19

Practice objective / multiple choice question 19 from the 2024 Post Utme Crawford University Economics examination.

Post Utme Crawford University 2024 Economics Objective / Multiple Choice
Question 19 POST_UTME_CRAWFORD_UNIVERSITY • 2024 • ECONOMICS • objective

A consumer has a budget of ₦1000 and a demand function given by Q = 2P - 10. If the price of the commodity is 10, what is the consumer's willingness to pay?

Answer Options

Correct Answer A. ₦1000
B. ₦900
C. ₦800
D. ₦700
Correct Answer
A
Correct Option:
₦1000

About This Question

This is Post Utme Crawford University 2024 Economics Question 19. It is one of the objective questions from the 2024 Post Utme Crawford University Economics examination.

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